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Consolidated Statements of Operations - USD ($)
$ in Millions
1 Months Ended 2 Months Ended 3 Months Ended 5 Months Ended 7 Months Ended 12 Months Ended
Jul. 31, 2018
Sep. 30, 2018
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2018
Jul. 31, 2018
Dec. 31, 2019
Dec. 31, 2017
Revenues:                          
Service related, net $ 120 $ 259 $ 430 $ 258 $ 137 $ 84 $ 159 $ 317 $ 464 $ 418 $ 901 $ 909 $ 1,043
Net gain on mortgage loans held for sale 44 83 310 360 262 166 93 127 124 176 295 1,098 607
Total revenues 164 342 740 618 399 250 252 444 588 594 1,196 2,007 1,650
Expenses:                          
Salaries, wages and benefits                   337 426 957 742
General and administrative                   370 519 894 733
Total expenses 242 275 438 478 492 443 432 339 364 707 945 1,851 1,475
Other income (expenses), net:                          
Interest income                   256 333 605 597
Interest expense                   (293) (388) (779) (731)
Other income, net                   13 6 15 3
Total other income (expenses), net (5) (26) (62) (33) (24) (40) 2 (26) (18) (24) (49) (159) (131)
(Loss) income before income tax expense (83) 41 240 107 (117) (233) (178) 79 206 (137) 202 (3) 44
Less: Income tax (benefit) expense (19) (979) (221) 24 (29) (47) (42) 21 46 (1,021) 48 (273) 13
Net income (loss) (64) 1,020 461 83 (88) (186) (136) 58 160 884 154 270 31
Less: Net (loss) income attributable to non-controlling interests 0 0 (2) (1) (1) 0 0 0 0 0 0 (4) 1
Net income attributable to Successor/Predecessor (64) 1,020 463 84 (87) (186) (136) 58 160 884 154 274 30
Less: Undistributed earnings attributable to participating stockholders 0 9 4 1 0 0 0 0 0 8 0 2 0
Net income attributable to common stockholders $ (64) $ 1,011 $ 459 $ 83 $ (87) $ (186) $ (136) $ 58 $ 160 $ 876 $ 154 $ 272 $ 30
Net income per common share attributable to Successor/Predecessor common stockholders:                          
Basic (in dollars per share) $ (0.65) $ 11.13 $ 5.03 $ 0.91 $ (0.96) $ (2.05) $ (1.50) $ 0.59 $ 1.63 $ 9.65 $ 1.57 $ 2.99 $ 0.31
Diluted (in dollars per share) $ (0.65) $ 10.99 $ 4.95 $ 0.90 $ (0.96) $ (2.05) $ (1.50) $ 0.59 $ 1.61 $ 9.54 $ 1.55 $ 2.95 $ 0.30